Raytheon takeover worries cost-conscious Trump

Published June 14, 2019 3:00am ET



When Lockheed Martin bought military contractor Sikorsky Aircraft in 2015, the Obama administration’s defense chief readily admitted that too much consolidation in the industry would drive up prices for taxpayers.

That is one policy stance that didn’t change when President Trump moved into the White House, a point the president made clear when discussing missile-maker Raytheon’s takeover by United Technologies, the same conglomerate that sold Sikorsky.

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